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Factory growth best in 10 months; bolsters outlook

Factory Growth

Manufacturing grew in April at the strongest rate in 10 months, easing concerns the economy had lost momentum at the start of the second quarter.

 

Analysts blame recovery’s unevenness in predicting modest 2.5% growth

When it comes to the economic recovery, timing is everything — and so far, it’s been off. Take the market performance of housing and autos, two big-ticket purchases that traditionally have moved in tandem. But new data released this week showed housing prices and new home sales dropping off at the same time that auto sales were peaking.

 

Missing girl Madeleine McCann may be 'still alive'

Madeleine McCann

Missing British girl Madeleine McCann, who vanished during a 2007 family vacation in Portugal, may still be alive, police said Wednesday.

 

Housing market may be on rebound at last

Housing Market on the Rebound

New data show price declines easing in big cities, sales of new homes improving nationally and foreclosures in California dropping to levels not seen since 2007. The housing market's long, cold winter may finally be heading into a springtime thaw.

 

February US adjusted home prices up 1st time in 10 months: S&P

Housing Market

Single-family home prices rose for the first time in 10 months, in an encouraging sign the battered sector is starting to stabilize, a closely watched survey said on Tuesday.

 

After 4-month surge, gas prices start falling

Gas Prcies

The worst is over, for now. Gasoline prices are starting to fall. After a four-month surge pushed gasoline to nearly $4 per gallon in early April, drivers, politicians and economists worried that gasoline prices might soar past all-time highs, denting wallets, angering voters and dragging down an economy that is struggling to grow.

 

Making your kid pay for college is good, study says

College Tuition

If you’re doing everything you can to save for your children’s college education, chances are it’s because you think that will give your kids the best start in life.

 

Citigroup shareholders snub execs on pay

Vikram Pandit

Shareholders of Citigroup rejected a board-approved pay package for CEO Vikram Pandit and other top executives, sending a loud and clear message that executive compensation needs to be tied to performance, or else.

Senh: Nice. That's how it should be done. What message are companies sending to their executives when they raises and bonuses even if the company's not doing well.

 

Stocks surge to best gain in a month

Stock Market

Stocks soared Tuesday, as investors welcomed a slew of solid earnings and after a German investor confidence survey surprised on the upside and Spanish benchmark yields eased.

 

US retail sales rose 0.8 pct., helped by job gains

Retail Sales

A healthier job market and warmer weather encouraged more Americans to shop in March.

 

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